“…find themselves impaled.”
Wall streeters are buying land to get the water rights, which they can flip for profit. Farmers are terribly upset:
“They’re trying to suck the very lifeblood out of these communities for their own financial benefit,” Mueller said. Water Asset Management owns at least 3,000 acres in Western Colorado’s Grand Valley, where Mueller works to protect Colorado’s share of the river. He said the full scale of the land grab is difficult to track because investment firms use different names to disguise ownership.”
But what’s this (pots calling kettles black?), with these farmers, many of whose ancestors robbed First Nations, the Environment, and poorer farmers?
- These are the guys who benefitted, nay, cheered, when “Indians” were moved from their traditional lands onto reservations in the 19th century?
- These are the guys who declared “waste” whenever a drop of water made it to an ocean or ecosystem?*
- These are the guys who regularly, and with government connivance, exceeded their 640 acre allotments for “reclamation” and/or subsidized irrigation?
Now they are upset that someone is using the system to profit from water that’s been mismanaged for decades?
My one handed conclusion is that they need to read the Bible a bit more often, as I think it’s got the answer every farmer would understand:
“Be not deceived, God is not mocked: for whatsoever a man soweth, that shall he also reap.” — Galatians 6:7
H/T to DL